The PROS Group Revenue Management Solution™ (PROS GRMS) is the first—and still the best—pricing, deal management, and revenue optimization system that handles airline group passenger requests and bookings. The solution supports one-time groups as well as “series” deals, which require blocks of inventory over large date ranges. With PROS, your company generates new found revenue by filling otherwise sub-capacity flights.
PROS GRMS addresses revenue-critical challenges, such as:
- Accepting a group without displacing high-value demand
- Determining the minimum acceptance price of a group
- Incorporating risk factors, like demand factors and materialization, into pricing
- Monitoring the cancellations or add-ons of group traffic
- Continuously monitoring Group Requests through post-departure
- Creating, negotiating, and managing group bookings with powerful online tools
- Generating contracts and terms and conditions for travel agencies, corporations and tour operators
- Accessing key views of your data through Executive and Analyst Dashboard and highly configurable reporting tools
PROS provides a sophisticated forecasting and network optimization solution to find itineraries that satisfy your company’s trade-offs for price, time, and quantity. Combined with a highly configurable autopilot feature that emulates the workflow of a desk agent, your field offices conduct real-time negotiations of optimal deals with absolute confidence. With PROS, your airline maximizes revenue and improves the win-rate of deals by offering both a product and a price tailored to your market.